power rates

In 2001, the Electric Power Industry Reform Act (EPIRA) was enacted with the promise of delivering affordable and reliable electricity to the country. Sixteen years later, electricity remains expensive and unreliable, and electric power industry monopoly has intensified, further enriching ...

Research group IBON warned that consumers may face bigger and more rate increases in their electricity bills this summer. The Energy Regulatory Commission (ERC)’s approval of a smaller than petitioned rate hike for the Manila Electric Co. (Meralco) is still ...

The Manila Electric Co. (Meralco) recently said that it aims to expand its prepaid customers by 100,000 from the current 40,000 this year. Kuryente Load (KLoad), the utility giant’s prepaid electricity service, is presently available in Mandaluyong, Manila, Pasig, and parts of ...